Freedom Debt Relief is a debt settlement company that has been helping people get caught up on their bills since 2002. This company operates in 34 states and has handled more than 600,000 customers over the years. If you’re trying to find a simple way to settle your debts, this Freedom Debt Relief review can help you choose the best settlement company for your needs.
Freedom Debt Relief Disclosure: Our estimates are based on prior results, which will vary depending on your specific enrolled creditors and your individual program terms. Not all clients are able to complete their program for various reasons, including their ability to save sufficient funds. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Our service is not available in all states and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest. C.P.D. Reg. No. T.S.12-03825.
To qualify for Freedom Debt Relief, you need to have $7,500 or more of unsecured debt, and it’s recommended that you only enroll the debts where you owe $500 or more. So if you owe at least $7,500 on credit cards, personal loans, medical bills or private student loans, you will likely qualify for Freedom Debt Relief’s debt settlement services.
Once you enroll your debts, this company will start negotiating with your creditors. Expect Freedom Debt Relief to offer to pay your creditors a reduced amount. On top of that, Freedom Debt Relief’s fees cost 15 to 25 percent of your debts, depending on which state you’re in. Most payment plans last two to five years, depending on your total debt.
Since this company has been operating for so long, there are lots of Freedom Debt Relief reviews from real customers. Most of those reviews mention above average customer service from representatives. In addition, most customers say they appreciate the client dashboard, which lets them see exactly how much they owe their creditors and how much longer they have to pay off their debts. Not every debt settlement company offers this much transparency, so this aspect of Freedom Debt Relief reviews stands out.
If you have at least $7,500 in qualifying debt, you should look into Freedom Debt Relief. This company is considered among the most well-known, trusted debt settlement businesses since it’s been around for years. And its client dashboard is perfect for people who like to stay informed of their finances as they pay off their bills. So if this interests you, contact Freedom Debt Relief to talk to a Certified Debt Consultant about whether you qualify and how much you can save.
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